Hong Kong Exchanges and Clearing Ltd (STU:HK2C)
€ 38.6 1.815 (4.93%) Market Cap: 49.43 Bil Enterprise Value: 20.31 Bil PE Ratio: 33.29 PB Ratio: 7.48 GF Score: 89/100

Q1 2021 Hong Kong Exchanges and Clearing Ltd Earnings Call Transcript

Apr 28, 2021 / 09:30AM GMT
Release Date Price: €51.86 (-0.46%)
Operator

Good afternoon, ladies and gentlemen. Welcome to HKEX 2021 First Quarter Results Analyst Presentation. Today, we are very pleased to have our Interim Chief Executive, Calvin Tai; our Co-President, Romi Lamba; our Group CFO, Vanessa Lau.

Without further ado, over to you, Calvin.

Chi Kin Tai
Hong Kong Exchanges and Clearing Limited - Co-President, COO, Interim CEO, Executive Director & Ex-Officio Member of the Board

Thank you, Ricky. Well, Good evening, good day. Thank you for you to join our Q1 results briefing. I think the result has been out and you have already seen most of the number, I will stay brief and try to save some time for questions.

Well, I'm very pleased and delighted, together with the team present another record results in terms of the revenue for this quarter, close to HKD 6 billion, 49% year-on-year increase and with the core business revenue up by 35% year-on-year. So largely, it's driven by the cash market headline average daily turnover, which I think everyone can see it in the day-to-day results. I will consider

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